Bitcoin ETF from 3iQ and Coinshares goes live in Canada
The fund’s units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators. Go to Source Powered by WPeMatico
Coinshares
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Record first quarter for institutional crypto investment products: CoinShares
Assets under management for institutional funds have hit a record high of $59 billion. Go to Source Powered by WPeMatico
CoinShares launches physically-backed Litecoin ETP
Major European digital asset investment firm CoinShares has launched its third physically-backed ETP in 2021. Go to Source Powered by WPeMatico
Institutional inflows into crypto hit lowest levels since October
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. Go to Source Powered by WPeMatico
Institutional managers hold a record $57B worth of crypto, according to CoinShares
Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. Go to Source Powered by WPeMatico
Bitcoin mine heat-recycling firm MintGreen closes seed round led by CoinShares
Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Go to Source Powered by WPeMatico
CoinShares launches new physically-backed Ether ETP
Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange. Go to Source Powered by WPeMatico
Bitcoin made up 97% of total crypto inflows in 2021
Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. Go to Source Powered by WPeMatico
Some institutional investors taking profit as Bitcoin retraces
CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back. Go to Source Powered by WPeMatico
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen Diehl expressed his dissatisfaction over the environmental cost of bitcoin. … Read more
